Herbert & Yvone Missry Foundation
- Assets
- $511.3k
- Revenue
- $387.9k
- Investments
- $472.7k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/2001
- Data as of
- 12/2022
- EIN
- 11-3522784
Organization Overview
Herbert & Yvone Missry Foundation is located in Brooklyn, NY. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herbert & Yvone Missry Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Herbert & Yvone Missry Foundation generated $387.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 50.7% each year . All expenses for the organization totaled $274.0k during the year ending 12/2022. While expenses have increased by 38.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Herbert & Yvone Missry Foundation has awarded 60 individual grants totaling $697,935. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THIS FOUNDATION IS TO DEVOTE & APPLY THE PROPERTY BY THIS INSTRUMENT VESTED IN THE BOARD OF MANAGERS AND THE INCOME TO BE DELIVERED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC LITERARY OR EDUCATIONAL PURPOSES, EITHER DIRECTLY OR BY CONTRIBUTIONS TO ORGANIZATIONS DULY AUTHORIZED TO CARRY ON CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morris Missry President | 0 | $0 | |
Linda Missry Vice Pres. | 0 | $0 | |
Jeffrey Zell Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $256,684 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,807 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,422 |
| Capital Gain Net Income | $127,422 |
| Net ST Capital Gain | $127,422 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $387,913 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $946 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,696 |
| Contributions, gifts, grants paid | $270,301 |
| Total expenses and disbursements | $273,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,626 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $511,332 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Herbert & Yvone Missry Foundation has awarded $270,301 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
EDMUND J SAFRA SYNAGOGUE PURPOSE: RELIGIOUS | $25,200 |
CONGREGATION OHEL YISCHAK PURPOSE: RELIGIOUS | $15,151 |
MAGAN DAVID SYNAGOGUE PURPOSE: RELIGIOUS | $15,595 |
MAGEN DAVID PURPOSE: RELIGIOUS | $30,000 |
NY CANCER CENTER PURPOSE: MEDICAL | $56,000 |
OHEL SIMCHA SUPER FUND PURPOSE: CHARITABLE | $2,600 |